SEATTLE (AP) - RealNetworks Inc. on Thursday predicted second-quarter revenue slightly above analysts views and raised its outlook for the full year.
| RNWK | 7.49 |
Shares of RealNetworks, which operates the Rhapsody online music service and provides the RealPlayer media player, rose 62 cents, or 9.6 percent, to $7.10 in after-hours trading. The stock earlier finished regular trading up 10 cents at $6.48.
For the second quarter, RealNetworks expects revenue of $151 million to $155 million.
Analysts polled by Thomson Financial expect revenue of $150.3 million.
RealNetworks expects per-share results to range from breakeven to a loss of 4 cents. Analysts expect a loss of 2 cents per share.
For the full year, RealNetworks said it now expects per-results to range from breakeven to a loss of 5 cents per share. Previously the company predicted a loss of 4 cents to 9 cents per share.
The company also increased its 2008 revenue outlook to a range of $628 million to $648 million, from an earlier forecast for $612 million to $632 million.

Eritrea is considering five more applications for exploration licences, and will make its decision within the year.
A Swiss pilot strapped on a jet-powered wing and leaped from a plane Wednesday f...
The One Laptop Per Child project is about to find out whether Microsoft Corp., a...


Professional Website Design For Corporate - Get a Free Quote Today